Property Taxes in Arizona
The median Arizona property tax rate is 0.56%, significantly lower than the national median of 0.99%. The median Arizona home value is $302,154, meaning the median Arizona property tax bill is $1,666 a year. Compared to the national median annual property tax bill of $3,015, that is much lower. Property taxes in Arizona are calculated based on the tax assessed value, which typically falls below the actual market value as a result of property tax exemptions, such as the primary residence or agriculture exemption. Understanding your county's specific property tax system, exploring property tax exemptions, and recognizing opportunities for property tax reductions can lead to significant annual tax savings. Whether you're in Phoenix, Tucson, Mesa, or any other Arizona locale, familiarizing yourself with the property taxes in your location can benefit homeowners and investors alike.
Last Updated June 14, 2024
Arizona Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.56%
Estimate Property Tax Bill
$1,692
$1,570
Ownwell’s Arizona Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Arizona with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Arizona to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a county or city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Arizona
Property taxes in Arizona fund essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Arizona is 0.56% compared to the national median property tax rate of 0.99%. The tax rate is set by local government entities, and it can vary widely between different areas within the state. Each county estimates its required budget to provide services for the upcoming year and then divides that by the total value of all taxable property within their jurisdiction, resulting in the property tax rate. While votes and laws are involved in setting tax rates and budgets, this is the basic process followed each year. Compare an Arizona county’s effective property tax rate to other counties in the state or the US median property tax rate below. Yuma County has the highest property tax rate in Arizona at 0.88%. Mohave County has the lowest property tax rate in Arizona at 0.44%.
Average Arizona Tax Rate
0.56%
Average United States Tax Rate
0.99%
Property Tax Rates Across Arizona
| County | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Apache | 0.24% | 0.31% | 0.45% | 0.63% | 0.81% |
| Cochise | N/A | N/A | N/A | N/A | N/A |
| Coconino | 0.41% | 0.46% | 0.54% | 0.65% | 0.79% |
| Gila | N/A | N/A | N/A | N/A | N/A |
| Graham | 0.41% | 0.51% | 0.57% | 0.67% | 0.81% |
| Greenlee | 0.20% | 0.37% | 0.57% | 0.77% | 0.85% |
| La Paz | 0.50% | 0.68% | 0.85% | 1.10% | 1.30% |
| Maricopa | 0.33% | 0.42% | 0.52% | 0.63% | 0.76% |
| Mohave | 0.24% | 0.33% | 0.44% | 0.59% | 0.74% |
| Navajo | 0.31% | 0.46% | 0.54% | 0.62% | 0.70% |
| Pima | 0.55% | 0.69% | 0.81% | 0.93% | 1.04% |
| Pinal | 0.34% | 0.40% | 0.52% | 0.66% | 0.81% |
| Santa Cruz | 0.61% | 0.74% | 0.85% | 1.00% | 1.17% |
| Yavapai | 0.29% | 0.35% | 0.44% | 0.52% | 0.64% |
| Yuma | 0.63% | 0.76% | 0.88% | 1.01% | 1.14% |
Source: Ownwell
Property Tax Assessment Values Across Arizona
When examining property taxes in Arizona, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, influenced by factors such as location, property condition, and economic trends. Market value is estimated by each Arizona county assessor for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. This assessed value is the figure used to calculate your property taxes, or the amount multiplied by your tax rate to get your tax bill. Assessment notices in Arizona are sent in the spring each year, typically reaching your mailbox by the end of April. Each property owner receives an assessment notice containing both the market value and assessed value, along with an estimate of the property tax bill. By providing insights into how assessed values and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Arizona. Notably, Pima County has the highest median tax bill at $2,088, while Greenlee County has the lowest at $328.
Average Arizona Assessed Value
$302,154
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Arizona
| County | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Apache | $13,540 | $43,206 | $114,458 | $226,198 | $365,421 |
| Cochise | N/A | N/A | N/A | N/A | N/A |
| Coconino | $35,213 | $141,646 | $335,366 | $487,948 | $681,296 |
| Gila | N/A | N/A | N/A | N/A | N/A |
| Graham | $28,227 | $71,015 | $149,866 | $224,269 | $301,793 |
| Greenlee | $16,079 | $37,474 | $55,617 | $95,470 | $151,337 |
| La Paz | $27,412 | $48,784 | $97,828 | $192,690 | $409,804 |
| Maricopa | $191,700 | $254,600 | $328,300 | $449,700 | $632,000 |
| Mohave | $51,255 | $109,754 | $255,876 | $392,430 | $550,021 |
| Navajo | $42,371 | $97,737 | $216,485 | $380,593 | $578,982 |
| Pima | $102,902 | $195,312 | $262,759 | $362,984 | $513,152 |
| Pinal | $93,448 | $229,871 | $319,292 | $406,917 | $510,716 |
| Santa Cruz | $68,072 | $104,798 | $140,525 | $218,677 | $337,679 |
| Yavapai | $77,922 | $211,237 | $367,324 | $536,189 | $802,324 |
| Yuma | $18,079 | $64,992 | $140,081 | $201,250 | $283,523 |
Source: Ownwell
Property Tax Bills Across Arizona
Property tax bills in Arizona are calculated based on the assessed value of a property, which is a percentage of its market value. The tax bill is determined by multiplying the assessed value by the local tax rate. Various factors such as property location, size, and improvements can influence the assessed value. Additionally, each county in Arizona can have different tax rates, affecting the final tax bill. For example, Pima County has the highest median property tax bill at $2,088, while Greenlee County has the lowest at $328. Homeowners in Arizona can expect property tax bills to vary significantly; the 25th percentile tax bill is $1,008, the 75th percentile is $2,565, and the 90th percentile reaches $3,772. With the national median property tax rate at 0.99%, Arizona homeowners typically face lower property tax rates, but individual bills can still vary widely depending on the specific factors influencing each property's assessed value.
Average Arizona Tax Bill
$1,666
Average United States Tax Bill
$2,690
Property Tax Bills Across Arizona
| County | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Apache | $75 | $218 | $448 | $853 | $1,584 |
| Cochise | N/A | N/A | N/A | N/A | N/A |
| Coconino | $348 | $937 | $1,766 | $2,594 | $3,801 |
| Gila | N/A | N/A | N/A | N/A | N/A |
| Graham | $170 | $427 | $834 | $1,231 | $1,686 |
| Greenlee | $55 | $159 | $328 | $494 | $745 |
| La Paz | $242 | $450 | $836 | $1,467 | $3,056 |
| Maricopa | $695 | $1,137 | $1,766 | $2,651 | $3,886 |
| Mohave | $256 | $475 | $975 | $1,598 | $2,386 |
| Navajo | $222 | $497 | $1,032 | $1,972 | $3,172 |
| Pima | $747 | $1,290 | $2,088 | $3,166 | $4,452 |
| Pinal | $440 | $968 | $1,519 | $2,225 | $3,075 |
| Santa Cruz | $506 | $802 | $1,184 | $2,032 | $3,352 |
| Yavapai | $408 | $827 | $1,504 | $2,288 | $3,366 |
| Yuma | $179 | $520 | $1,106 | $1,739 | $2,545 |
Source: Ownwell